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Effect of Historical Forces on Liberalization and Democratization in Transition

Simeon Djankov ()

Chapter 10 in The Palgrave Handbook of Comparative Economics, 2021, pp 255-283 from Springer

Abstract: Abstract This chapter discusses the economic and political transformation in 29 post-communist countries in the 30 years since the fall of the Berlin Wall. While religious and imperial history continues to explain political trajectories, adoption of strong parliamentarian systems has countered some of the adverse effects of these historical legacies on economic liberalization. The divergence between democracy and political rights over the region is thus four to five times larger than what is observed for economic freedom and ease of doing business. While some early choices when transition started explain some of the economic evolution in the region, history and ethnicity predict democratization well.

Keywords: Economic liberalization; Democratization; Religion; Empire; Post-communist; Transition (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1007/978-3-030-50888-3_10

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